From the article:
President Xi Jinping’s “Belt and Road” trade infrastructure project could be hitting significant bottlenecks as some countries begin to sound alarms regarding the massive debt loads their governments are incurring.
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The Center for Global Development, a nonprofit think tank based in Washington, D.C. that focuses on international development, discovered “serious concerns” about the sustainability of the sovereign debt in eight countries receiving infrastructure project funds from Beijing.
Those were Pakistan, Djibouti, Maldives, Mongolia, Laos, Montenegro, Tajikistan and Kyrgyzstan.
Read the full article here.
